Worth doing a bit of research on this one. Growing like crazy and is still relatively cheap with a forward P/E of around 13 to the results this year and only 7 for next year.

Plenty of news flow to come and is moving up to the Aim market later this year.

Myhome is an international multi-product franchising company providing home
services such as residential cleaning, lawn care and kitchen and bathroom
resurfacing services. Originally developed by Unilever, the Company was
admitted to Ofex in January 2002. The following year the Company launched its
franchise programme and has identified as many as 300 potential franchise
territories within the UK. Myhome is a member of the British Franchise
Association.

The acquisition from Unilever provided the Company with extensive training
systems, bespoke scheduling and billing software and valuable marketing
materials. In addition it acquired Unilever's unique Tri-Colour Cleaning
system, an efficient home cleaning methodology that was the result of extensive
time-and-motion studies.

Nicenstripy is a South East-based franchise providing residential gardening
services throughout the year. Founded in 1996 Nicenstripy currently has 40
franchisees. Myhome acquired Nicenstripy in two tranches in December 2005 and
April 2006.

Surface Doctor provides a cost effective way to repair and refurbish kitchen
and bathroom surfaces as an alternative to the expense and disruption of
replacement. The system uses a proprietary bonding agent to restore and re-
colour kitchen cabinets, worktops, baths, sinks, tiles, and other surfaces.
Surface Doctor was acquired in February 2006.

Like Myhome, Nicenstripy and Surface Doctor are also associate members of the
British Franchise Association.

Ovenclean is a residential oven cleaning business with 167 franchisees. It
operates both in the UK and internationally. The Board believes that Ovenclean
will immediately benefit from the IT systems, group marketing efforts, and
cross-selling potential of Myhome.

Ovenclean has a database which exceeds 20,000 homes and presents a strong
opportunity to enhance customer spend with other Myhome service offerings. The
Ovenclean franchising business operates on a fixed management fee structure,
which guarantees income growth, irrespective of the underlying franchisees
performance.

www.myhomeplc.com
www.nicenstripy.com
www.surfacedoctor.com
www.ovenclean.com

DYOR.

Cheers GF.

Yup it goes that way on Ofex, but be patient SD we could be well in the money when this one moves to aim.

Breath in breath out. LOL.

Moving up nicely this morning.

Seems to be renewed interest in this one.

Some are obviously getting in before move to aim.

Looking good - nothing too fancy, just steady. I am sure AIM will have a significant effect in time when it becomes 'eligible' for a whole new sector of investors.

Certainly will SD, you timed your purchase just right I feel.

Inching up today.

only another 1+p to go to hit a new high. seems to be following solid upward channel since May - periods of relative inactivity interspersed with upward steps - support line leading to ~88p in 12 months time, plus superimposed on that the gear change on admission to AIM - anyone's guess, but I'm looking at at least double over the next 12 months which will suit me.

Would like to have a little more of this, but must wait for funds to be released from elsewhere, so in no hurry to see the SP shoot up.

Double, thatl do me. Oh I do like that word.

Nice to see it in the blue again this morning SD.

at 0.25p per day for the 253 trading days of the year we will overshooot our target of 200%! a problem I am prepared to accept.

LOL, yup thats a nice thought.

Up again this morning.

Strange more posters havent caught on here.

Most Brokers now cover Plus market stocks.

Look at the growing volume over the last month as we rise steadily, plus a nice upturn in On Balance Volume shows a nice strength to the buying of late which should make a little step change if we breach and hold above the 47.75 all tie high in the next day or so. Although, unsurprisingly, RSI shows us pretty overbought at present, until market sentiment catches up during a further period of consolidation around the 55p+(?) mark.

We may fail to breach 47.75p and there may be a little retracement to form a nice littel handle to our elegantly shallow cup. That would forebode a nice little (47.75-41.5) = 6.25 rise above 47.75 to 54p. In a way this would add greater long-term strength to the SP than a resistanceless progress through the high.

Enough of charting. News - Ofex to AIM, and fundamentals - good profit growth with zero borrowing, will see us right in the end.

BTW - before I was aware of this share, I had my over cleaned by their subsid before they bought it - great service, good price - all while I watched TV, lovely.

sd

You cant beat a good oven.

These micros are rubbish.

Looks like a new high.

Hey goldfinger, is it true you are that nutter Hedge Hunter on ADVFN?

Just need it clarified.

Most certainly.

Another day, a new high, but still very cheap.

Doing the business again.

Indeed it is - prefer a little more volume, but can't complain at the price.

Myhome International plc ("Myhome" or the "Company")

Proposed placing to raise GBP4.0 million (before expenses)

The Board of Myhome today announces that Nigel Wray, Stephen Hemsley and
certain other individuals (together the "Investors") have entered into a
conditional investment agreement with the Company to invest up to
GBP7.0million in the Company.

The investors will acquire 10,000,000 new ordinary shares of 5p each in the
Company (the "Subscription Shares") at a price of 40p per Subscription Share
(the "Placing"). The proceeds of the Placing, being GBP4.0 million (before
expenses), will be applied by Myhome to invest in its growing portfolio of
franchise brands. The Subscription Shares represent 22.4 per cent of the
Company"s issued share capital (as enlarged by the Placing).

As part of the Placing the Investors will also be granted warrants to
subscribe for a further 7,500,000 new ordinary shares of 5p each in the
Company at 40p per share (the "Warrants").

Nigel Wray is a successful entrepreneur with a variety of interests including
Domino"s Pizza UK & IRL plc ("Domino"s Pizza"), The English Wines Group plc,
Networkers International plc, The Greenhouse Fund Limited and various other
quoted and private companies. Nigel is also a director and major shareholder
of Prestbury Investment Holdings Limited, and also Chairman and major
shareholder in Saracens Rugby Club.

Stephen Hemsley is Chief Executive of Domino"s Pizza, one of the UK"s leading
franchise businesses. He was previously Finance Director of Domino"s Pizza
from November 1998 until January 2001. Prior to this Stephen held a number of
senior positions including that of an Investment Director of 3i for a period
of about 8 years.

Following completion of the Placing, Nigel Wray will be interested in
6,875,000 Ordinary Shares (representing 15.4% per cent of the Company"s issued
share capital (as enlarged by the Placing)) and 5,156,250 Warrants and Stephen
Hemsley will be interested in 2,500,000 Ordinary Shares (representing 5.6%
per cent of the Company"s issued share capital (as enlarged by the Placing))
and 1,875,000 Warrants.

The Placing and the grant of the Warrants are subject to certain conditions,
including:

1. Myhome shareholders approving the allotment of the Subscription Shares
and the grant of the Warrants and dis-applying shareholder pre-emption rights
in respect of the same at an extraordinary general meeting of the Company (of
which the Company has already received irrevocable undertakings representing
40.1% of the Company"s issued share capital); and

2. admission of Myhome"s existing issued share capital and the Subscription
Shares to trading on AIM, a market operated by the London Stock Exchange plc.

The Board of Myhome will be sending a circular, containing details of the
Placing and the issue of the Warrants, to shareholders of Myhome convening an
extraordinary general meeting shortly.


Nigel Wray today commented:

"I am very excited about investing in another franchise business at an early
stage in its development and both Stephen and I look forward to working
closely with Russell O"Connell and his management team. We believe that our
experience and expertise from Domino"s Pizza can bring additional benefit to
the Company and its shareholders".


Russell O"Connell, Chief Executive Officer of Myhome, said:

""I am delighted that Nigel Wray and Stephen Hemsley have agreed to invest in
Myhome. Their experience and knowledge of investing in both high-growth
companies and franchising will be invaluable in helping us develop further. In
addition Stephen"s role as the Chief Executive of Domino"s Pizza and his
knowledge of building successful franchise businesses will be of great
assistance to us as we grow.

Our move to AIM remains on track and we hope to announce details of this, as
well as our results for the year ended 30 September 2006 shortly."


Enquiries:
Myhome International plc Tel: +44 20 8404 6479
Russell O"Connell, Chief Executive
Simon McNeill-Ritchie, Chairman

Noble & Company Limited Tel: +44 20 7763 2200
Nick Naylor
Nick Athanas

Bishopsgate Communications Limited Tel: +44 20 7430 1600
Nick Rome
Maxine Barnes

Seems a very nice price - I wouldn't mind getting some more at a 25% discount to the market price.

What will this do to the SP? Between the dilution effect and the re-listing on AIM (to which the placing is subject) probaby on balance +ve.

No doubt two interesting associates who would on the face of it seem to be serious long termers. I would hope there are lock-in and orderly market clauses in the deal.

Wonder what they plan to buy with the cash, if they have yet decided.

Yes I thought firstly 'in on the cheap' but then again I feel they will be long termers.

Price moving the right way.